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1000 Kip Rio Olympics 2016
| Issuer | Bank of the Lao PDR |
|---|---|
| Year | 2013 |
| Type | Log in to see details |
| Value | 1000 Kip |
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| Composition | Log in to see details |
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| Obverse description | The national coat of arms of the Lao People's Democratic Republic occupies the central field, depicting the That Luang stupa set within a landscape of trees and a broad avenue, flanked by sheaves of rice and surmounted by a cogwheel at the base, with a ribbon bearing an inscription in Lao script. The legend THE LAO PEOPLE'S DEMOCRATIC REPUBLIC arcs along the upper periphery, and the denomination 1000 KIP appears in the lower field. A beaded border frames the entire design. |
|---|---|
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| Reverse description | Two male relay runners are depicted in dynamic mid-stride poses at the moment of baton exchange, rendered in high relief against a decorative background featuring ornamental friezes with traditional Lao architectural motifs and a central masked figure. The legend OLYMPIC GAMES 2016 is inscribed in two lines across the upper field, and the issue year 2013 appears in the lower exergue. The overall composition effectively combines the athleticism of the Rio 2016 Olympic Games with distinctly Southeast Asian artistic elements. |
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| Additional information |
Laos issued this coin three years before the Rio Games opened — a lead time that reflects how modern commemorative programs are licensed and contracted through intermediaries like the Pobjoy Mint or similar private operators, often years in advance of the event itself. The Bank of the Lao PDR had no meaningful connection to the Rio Olympics; the IOC licensing program allows non-participating or peripheral nations to issue Olympic-branded coinage as a revenue mechanism, with the issuing central bank receiving a fraction of the retail margin.